30 Apr 2012 13:52
30 April 2012
Brainspark plc
("Brainspark" or "the Company")
Appointment of Directors and Change of Registered Address
Brainspark, an AIM listed, fast-growing, international investment company, is pleased to announce the appointment of two new senior executives to join the Board of the Company.
The new Directors are; Enrico Petocchi, who is appointed Executive Director and Chief Financial Officer and Dominic White, appointed as a Non-Executive Director.
Dominic White (aged 40),
Dominic has 18 years of experience in the real estate sector working in private equity real estate, fund management and advisory businesses. Throughout his career as a Director or Equity Partner at international institutions such as Security Capital European Realty Private Equity, Henderson Global Investors Investment Management and Cordea Savills Investment Management, he has worked on many Pan-European investment deals completed as Principal, of more than €3.5bn in the UK, Germany, Italy, France, Switzerland and the Nordics.
He has invested in all aspects across the real estate sectors including office, residential, retail, leisure and industrial. In the last five years Dominic has founded or been a major shareholder of numerous real estate businesses including an Italian asset manager, an Italian private equity real estate investment company, a Mediterranean marina owner operator and most recently, founded his own small cap European special situations investment and advisory company, White Amba Investments, to acquire smaller opportunistic real estate opportunities in core western Europe.
Dominic will oversee all of Brainspark's real estate assets, including the development of Mediapolis (once sold to Sorgente), the villas in Liscia di Vacca and the Ondaland theme park. He has also been charged with finding suitable new investment projects.
Dominic is a member of the Institute of Chartered Financial Analysts and is a Chartered Surveyor.
Enrico Petocchi (aged 48)
Enrico is the President of Private Broker SpA, a Milan based financial advisory firm. He has 25 years experience in debt & capital markets as well as management consulting and seed investing. After having worked for major institutions such as IMI (now Intesa Banking Group), Mediobanca and Bain & Company, he founded Twice Corporate Finance in 1997, a corporate finance boutique which was the project leader in the foundation in 1999 of Twice SIM, one of the most successful online trading brokers for private Italian investors. In 2009 Twice SIM was sold for Euro 30 million to IWBank (UBI Group).
Enrico studied for his undergraduate at Bocconi University and New York University and received his MBA from INSEAD in 1992. Enrico qualified as a Chartered Financial Analyst in 1993.
Alfredo Villa, Executive Chairman of Brainspark, commented, "We are very excited to have two highly experienced businessmen join the Board of Brainspark at this time. Their collective wealth of experience, whether in real estate or finance, will allow Brainspark to better understand and engage with our current and future investment companies."
The Company also advises shareholders that it has changed its registered office address to:
New Derwent House,
69-73 Theobalds Road,London, WC1X 8TA.
Dominic White has held the following Directorships over the past five years:
Current | Previous |
White Amba Investments LLP | 143 Walm Lane Limited |
White Amba Ltd | Cordea Savills LLP |
Ovivo Wellness Limited | Endeavour CG LLP |
Lakestar Capital LLP | Endeavour Capital Partners Ltd |
Cordea Capital Partners Limited | |
Endeavour Asset Management Srl | |
Cordea Savills SGR SpA | |
Cordea Savills Advisors Srl | |
P9 Srl | |
Olona Srl | |
Mazzini Srl | |
Duse Srl | |
Diaz Immobiliare Srl | |
Cusani Srl | |
Crocetta Srl | |
Corso 335 Srl | |
Baires Srl | |
Aedilia Srl | |
Cordea Savilla Italian Opprtunities No. 2 S.C.A. SICAV-SIF | |
Cordea Savills Italian Opportunities No.1 S.A | |
Meucci Srl | |
Calzoni Srl | |
Salleh Srl | |
Reif4 Sarl | |
Duse Sarl | |
Reif3 Sarl | |
Duse II Sarl | |
Dawn Sarl | |
Relic Sarl | |
Francisci Sarl | |
Cordea Investments Italy Sarl | |
Azal Sarl | |
Carciano Srl | |
Lear Srl | |
CS Arel Sarl |
Enrico Petocchi has held the following Directorships over the past five years:
Current | Previous |
Private Broker S.p.A. | Twice Research S.r.l. |
Polytems HIR S.r.l. | Twice SIM S.p.A. |
University.it S.r.l. | Borgosesia Gestioni SGR |
Italia Invest S.r.l. | Investnet International SA |
Twice Corporate Finance S.r.l. | University S.r.l. |
Bproject S.r.l. | |
Investor Unlimited S.r.l. | |
A.C. Ancona S.p.A. | |
ADV Company S.r.l. | |
Studio Associato Cucchetti Petocchi | |
T.R.E. S.r.l. | |
Terzo Tempo S.r.l. | |
Invesclub S.r.l. | |
Enrico Petocchi was a director of University S.r.l. and AC Ancona SpA within 12 months of each company entering members' voluntary liquidation. In each case there was a shortfall to creditors; no further details are available.
Save for the information disclosed above there is no other information required to be disclosed under Rule 17 and Schedule Two, paragraph (g) of the AIM Rules.
-ends-
For further information please contact:
Brainspark plc +39 02 525 051
Alfredo Villa, CEO
Westhouse Securities +44 (0) 20 7601 6100
Antonio Bossi
Jonathan Haines
Leander PR +44 (0) 7795 168 157
Christian Taylor-Wilkinson
About Brainspark Plc
Brainspark plc (AIM: BSP) is an AIM listed investment company pursuing a dynamic strategy to create a comprehensive portfolio of companies primarily encompassing the interactive media, leisure, entertainment and financial services sectors mainly in Italy but also other European countries. The Company may be either a passive or active investor and Brainspark's investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions.